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#101 (permalink) | |
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While true, the other side of the coin is that very often these regulatory agencies have dual roles. One is to serve the economic interests of the industry they regulate and the other is to maintain high safety standards. In most cases when economic interest and safety concerns conflict, there is a tendency to err on the side of economic interests. If all you do is watch the last 5 minutes of the last crash video, it clearly demonstrates this cavalier attitude on the part of industry toward safety and human life.
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As David and I have discussed, I will grant you that many of your points are valid with regard to industry collusion with regulatory agencies but this is a symptom of capitalism, not over regulation. There is not undo economic pressure to over regulate but there is massive economic pressures to under regulate at the cost of human life. Yes, over regulation in some areas exists and we do need methods to correct those instances as we have discussed, but cutting regulations even more is just like pulling back on the stick in a stall; it makes the original problem worse. this idea of deregulation to me is like saying that if the crime of theft becomes a problem too big for your local police to handle, the "solution" is to make theft legal and therefore not a crime, rather than add more cops...
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#102 (permalink) |
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Hesitant to fully read the last three pages of "Wall of Text", but I just can't see how no regulation at all can be a good thing. Once again it comes down to "Theory" and "Reality". Economists drive me nuts because they like to focus on theoretical mathematical equations. But guess what, economics is honestly not a mathematical discipline: It's a social science. You can make up formulas all day long, but in the end economics is the study of how People form, act and react to markets, not cyborg computers running on predictable pure-logic systems. Complete deregulation might look great in theory, but the result is utter chaos when achieved. It's the Wild-West, and while some might argue that is a perfectly fine model, I do not believe in "Winner Takes All" economics.
I think as Outlander has suggested, the biggest reason regulation goes astray is because of conflict of interest. The problems we face today are not directly because of regulations put in place, but because those monitoring and creating regulations have favored personal and industry profit over doing their job. Once again, when you add shitloads of money to politics, it ruins everything. "Who Watches the Watchers?" Well it should be the entire population in a democratic society, but we've been to busy stuffing ourselves with TV Dinners and Nascar to take notice until the shit hit the fan. Instead of taking part in the democratic process which seeks to eliminate corruption, we gave those in power the keys to the castle and wandered off to our ultra-consumer lifestyles. In our current culture, people cannot be bothered to care about politics or government until it directly effects their consumer lifestyle. Doing those things takes effort and is inconvenient - which are directly against our consumer principles.
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PowderHound and TreeNinja Last edited by HoboMaster; 10-26-2011 at 07:53 PM. |
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#103 (permalink) | |||
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Anther reason regulation goes astray, as Cheeze alluded to indirectly, is the knowledge problem. Hayek won a Nobel for his work on this matter. I don't think we ever had the keys in the first place. A minor point, not at all worth arguing over, but I just wanted to put my perspective out there so you know where i'm coming from.
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Repping the world's smallest mountains...
aGNARchy: no rules, just gnar! |
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#104 (permalink) |
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Veteran Member
Join Date: Nov 2008
Location: WI
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War is being declared on us, we just don't realize it yet:
This Video Shows Protester Scott Olsen Moments Before He Was Shot By The Oakland Police |
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#105 (permalink) |
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Official SBF Blogger
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Yep... what's happening in Oakland, is unfortunately not a surprise. The last 10 or 20 years in particular have seen increasing militarization of local law enforcement all over the country. Coupled with Oakland's history/notoriety for abuse, it was a recipe for disaster.
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Repping the world's smallest mountains...
aGNARchy: no rules, just gnar! |
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#106 (permalink) |
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Again, no one is suggesting no regulation or standardization but that implementation of regulation be overseen and audited by someone other than governmental agencies which have no accountability.
I would strongly argue that capitalism does not foster an environment for regulatory and business to collude in the interest of creating an artificial monopoly. If we understand capitalism in a fundamental sense, such an idea is antithetical to capitalism becaus the very nature of such collusion is antithetical to the idea of a free market. A free market is one in which market forces are allowed to prevent artificial monopolies from forming due to the nature of competition. Such an environement should be relatively free of regulatory facets for different competitors to exploit and eventually lobby to have implemented to their own advantage. I'll use my own company as an example, one I disagree with in this regard wholeheartedly. The corp that employs me has most of its core business assets tied up in nuclear power, natural gas power and emerging green technologies. Most of these technologies are for baseline generation facilities rather than peaking or offloading facilities. The CEO has strongly lobbied for cap and trade regulation because it would make coal and gas turbine facilities, especially peaking stations which are less effecient but critical to maintaing grid load stability, much less competitive and give us a huge advantage. This increases overall consumer costs, in the end, because the cheapest option for power production is made more expensive to the point we become cheaper. The consumer, in this case, are futures energies buyers and then a small percentage of on-demand power requests from load dispatchers. These are the distributors who sell power directly to consumers and when their costs go up (because we're now the "cheapest" option), the costs go up for your average joe. We aren't made more competitive because found a cleaner, safer or more effecient way to make power - we're now artificially more competitive. As for the notion of under-regulating in at the expense of safety, this is largely the consumer's fault. Consumers need to be informed enough to stress that safety is a design priority for whatever industry they are patronizing but this just isn't the case. The vast majority of consumers are underinformed and ignorant, often willfully so. With this sort of atmosphere, it doesn't matter how much regulatory agencies try to provide oversight, it will result in greater de-emphasis on safety because market forces eventually overhwelm any regulatory forces. I don't know about that quote, but there is a risk inherent in everything. At some point, yes, we have to accept the risk of imparting certain services and products into society. The marginal costs of increasing safety past a certain point become unfeasible. A plane *will* crash every once in a while no matter how much maintenance programs and aviator training is audited and improved. Should we just get rid of planes altogether? Should commercial flights cost $1000 to fly 300 miles so as to have a budget to squeeze out more precentage points of safety? Look at the Fukushima earthquake and the problems with the reactors. This is a matter I am intimately familiar with since those reactor vessels (GE BWR Gen III with Mk IV Primary Containment) are the exact same design at the facility I work at. Those plants performed admirably for the given conditions, yet everyone is being lambasted that reactor design isn't "safe" enough. People don't understand there is an inherent risk in producing power and the only way to 100% eliminate risk is to eliminate power production altogether. I would argue that nuclear plants have saved many more lives and increased the quality of life than the opposite even including the Chernobyl and Fukushima events. In addition, the industry continues to improve itself without prompting or regulatory mandate/decree. The general public doesn't understand that, and since these regulatory industry generally appeal to the emotion of the masses as a measure of their efficacy, the result is often needlessly burdensome regulation which increases our costs. That increases our cost to produce power which is passed on to the consumer and hurts their quality of life. |
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#107 (permalink) | |
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#108 (permalink) | |||||||||
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Same thing applies to diesel engine manufactures who now have DPF filter systems to eliminate all soot from exhausts. It was EPA standards that forced this issue. Because of the EPA requiring engine manufacturers to comply with higher standard, you can now follow a new diesel pickup on the road without gagging on exhaust fumes. I grant you that like anything, regulation does get out of hand and we need vehicles to quickly redress those cases. I also grant you that public pressure and competition within industry is also a factor. But the reality is that it is a combination of these forces that enact change and improve safety and quality of life. You seem to be adamant about refusing to accept that regulation is a major force for good in this arena and that just makes you grossly incorrect. Like the capitalist, you judge "quality of life" by how cheap material assets can be had. Society is changing their views on this and most of us will be happy to pay a little more for a safer, more sustainable "quality if life". Last edited by Outlander; 10-27-2011 at 08:40 PM. |
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#109 (permalink) | ||||||
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To suggest that because a government agency exists and performs regulatory functions and dismiss the notion that capacity would not have been performed otherwise is fallicious at best. These agencies are not accountable because there are no metrics measuring the efficacy of their performance and no mission statement to guide their philosophy. I pointed this out when I gave the military as a counter-example because the military (and things like the Post Office) have a precisely defined objective(s), an ordered and carefully designed hierarchical organization to achieve this objective and metrics around evaluating how effective they ultimately are. Quote:
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I don't have a problem with the concept of regulatory limits, but there is never any discussion as to when limits are becoming ineffectual or even counter-productive, when they should be removed or ways to even determine their efficacy. Quote:
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To suggest it's sociopathic to accept that, while preventable, a fatal accident is a physical possibility means one would also have to accept that passengers who fly and understand that there is at least a remote possibility of their loss of life or limb and do so anyway are respectively suicidal or masochistic. |
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#110 (permalink) | |||||
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Every time we have an accident here, generally an industrial safety accident, the solution always to pile on more technical barriers (like proceduralized stops, checks and things of this nature) which makes focusing on the task more difficult, the accumulation of those combinations of factors more likely to go unnoticed and actual work performance to plummet. We're reaching the coffin corner of the flight envelope here and no one is willing to compromise in either procedural burdens which actually contribute to accidents or performance metrics that don't mean anything. If it is complacency which causes accidents, it's complacency because the job itself is becoming less burdensome than all the proceduralized requirements and human performance tools that are being required to be used. Quote:
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How many people have died over the years working in coal mines or shale gas drilling operations? This is cheap, clean power and I don't doubt the small price of figuring out how to reprocess and store fuel long term makes fission technology a good stop gap until we find something better. Quote:
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